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Real estate sales associate vs agent

The differences between real estate sales associates and agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate sales associate has an average salary of $92,941, which is higher than the $37,864 average annual salary of an agent.

The top three skills for a real estate sales associate include lead generation, real estate market and commercial property. The most important skills for an agent are insurance products, customer service, and life insurance.

Real estate sales associate vs agent overview

Real Estate Sales AssociateAgent
Yearly salary$92,941$37,864
Hourly rate$44.68$18.20
Growth rate5%6%
Number of jobs148,646184,325
Job satisfaction-2
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 44%
Average age4946
Years of experience--

What does a real estate sales associate do?

A Real Estate Associate helps clients rent, buy, and sell properties. They also advertise clients properties to other realtors and potential buyers, as well as negotiate contracts with buyers and agents by acting on their behalf.

What does an agent do?

Agents are individuals who are employed by their clients to represent them in various dealings. Agents are usually employed by people in the show business industry, such as actors, writers, or directors. They meet people who are interested in dealing with their clients. They listen to the plans and vision for the project and assess if the project fits their clients' interests or public image. In the case of agents whose clients are actors, they send their clients to auditions upon review of the project details. Agents are also responsible for negotiating terms on behalf of their clients, such as salary, royalties, and set benefits, among others. They also inform the project leaders of their clients' demands on set. Agents are expected to be business-savvy and good negotiators.

Real estate sales associate vs agent salary

Real estate sales associates and agents have different pay scales, as shown below.

Real Estate Sales AssociateAgent
Average salary$92,941$37,864
Salary rangeBetween $62,000 And $139,000Between $19,000 And $72,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateMassachusettsNew York
Best paying companyGreenberg TraurigLatham & Watkins
Best paying industryProfessional-

Differences between real estate sales associate and agent education

There are a few differences between a real estate sales associate and an agent in terms of educational background:

Real Estate Sales AssociateAgent
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Real estate sales associate vs agent demographics

Here are the differences between real estate sales associates' and agents' demographics:

Real Estate Sales AssociateAgent
Average age4946
Gender ratioMale, 47.1% Female, 52.9%Male, 50.5% Female, 49.5%
Race ratioBlack or African American, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.4% American Indian and Alaska Native, 0.3%Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1%
LGBT Percentage13%7%

Differences between real estate sales associate and agent duties and responsibilities

Real estate sales associate example responsibilities.

  • Manage REO listings, complete BPOs, property checks, negotiate offers and manage closings.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Prepare legal documents such as HUD-1 settlement statement, sales contracts, leasing agreements, etc.
  • Perform foreclosure inspections and price opinions on REO properties.
  • Prepare real estate closing documents to include HUD settlement statement and RESPA documents.
  • Provide notary services as needed for legal documentation (notary license still current).
  • Show more

Agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Verify documentation and coding using CPT and ICD-9 correct coding standards.
  • Assist TANF customers with obtaining employment.
  • Direct compliance with all CPT and Medicare guidelines.
  • Train BDC representatives on phone skills and CRM use.
  • Bill appropriate ICD-9 codes to the correct insurance companies.
  • Show more

Real estate sales associate vs agent skills

Common real estate sales associate skills
  • Lead Generation, 24%
  • Real Estate Market, 12%
  • Commercial Property, 11%
  • Open Houses, 10%
  • Residential Real Estate, 7%
  • Customer Service, 6%
Common agent skills
  • Insurance Products, 11%
  • Customer Service, 10%
  • Life Insurance, 8%
  • HR, 6%
  • Inbound Calls, 6%
  • Financial Services, 6%